Property refers to land and any structures on it, including homes, buildings, and other improvements. It can be owned by individuals, businesses, or governments, and is a key component of wealth and investment. The value of property can fluctuate based on market conditions, location, and other factors. In addition to physical real estate, property can also encompass rights associated with ownership, such as the right to sell, lease, or develop the land. Understanding property laws and regulations is essential for buyers and sellers to navigate transactions successfully and protect their investments.